Daimler Truck had a strong first quarter in 2023 and strong sales in the second quarter, based on stabilising supply chains and stronger core markets, “robust” pricing and strong aftersales performance and has increased its adjusted ROS (return on sales) guidance to 8.5% to 10% (from 7.5% to 9%) for full year 2023.

Overall unit sales guidance increased to 530,000 to 550,000 units from 510,000–530,000.

Revenue is now pegged at EUR56bn to EUR58bn (EUR55bn to EUR57bn).

A share buyback programme from August 2023 will see shares worth up to EUR2bn acquired on the stock exchange over up to two years and subsequently cancelled.

Up to 10% of the share capital would be repurchased.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.